PE Tech Report

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Calvert Impact Capital invests USD2.9m in Sunwealth

Clean energy investment firm Sunwealth has secured a USD2.9 million loan from Calvert Impact Capital to support its solar access work.  Sunwealth will use the financing, together with USD4.3 million in tax equity investment from private investors, to support 18 solar projects on the rooftops and parking lots of nonprofit

Ankorstore raises USD100m in Series B funding

Ankorstore, a curated marketplace connecting independent brands with local retailers, has raised USD100 million in Series B funding led by Tiger Global and Bain Capital Ventures.  Propelled by strong growth, and just months after its successful Series A fundraise, this round welcomes new investors alongside participation from existing investors Index

Novo Holdings leads USD125m Series C round in Hummingbird Bioscience

Novo Holdings has led an oversubscribed USD125 million Series C financing in Hummingbird Bioscience (Hummingbird), a clinical-stage biotech company focused on developing precision therapies against difficult-to-drug targets to improve treatment outcomes.  This is one of the first investments in a privately-held Asian biotech company by Novo Holdings. Novo Holdings recently

Healios raises GBP7m from InHealth Ventures and AlbionVC

Healios – a UK online therapy platform for children and young people with mental health and neurodiverse conditions – has raised GBP7 million in a Series A round led by InHealth Ventures with participation from existing investors AlbionVC.  The funding will enable Healios to widen its provision and meet the

PE-backed Churches Fire secures GBP75m refinancing package

Churches Fire, a Southampton-based provider of fire safety and security compliance services, has secured a significant GBP75 million refinancing package from HSBC UK and HSBC Asset Management, Northleaf Capital Partners and Siemens Bank. The senior debt package will provide Churches, which is backed by private equity sponsor Horizon Capital, with

The Robot Exchange secures GBP500k MEIF backing to drive robotic automation

The Robot Exchange has secured a significant GBP500k investment from leading private equity investment firm, Foresight Group, through the Midlands Engine Investment Fund (MEIF). The Nottingham-based business supplies Robotic Process Automation (RPA) software and services to deliver efficiencies to businesses, helping them streamline and automate their processes via robotic infrastructure.

KKR invests USD95m in Lenskart

Global investment firm KKR is to invest USD95 million in Lenskart, an omni-channel eyewear retailer in India, via a secondary stake acquisition. Upon the completion of the transaction, KKR will look to leverage its experience working with leading technology and eyewear companies globally to support Lenskart in expanding its presence

Handshake secures another USD80 million

Handshake, an early career network, has secured USD80 million in a venture financing round and is set to invest a tranche of the funding in the UK, supporting early careers recovery post-Covid. The new funding round increases Handshake’s investment total to USD235.5 million and the company’s valuation to more than

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